Commercial general liability insurance is a form of business insurance that offers coverage against claims of injury, property damage, and illness filed against your organization. It mainly comes in handy to cover claims filed by members of the public against your business. These claims could be as severe as a child hurting themselves with a defective toy you sold. Or they could be as benign as you accidentally spilling tea over a client's laptop. [...]

Does insurance cover medical marijuana? The short answer is no. Most insurance companies – whether public or private – won’t pay for medical marijuana recommendations. That means you don’t have much choice but to pay for your medical cannabis out-of-pocket. This might seem confusing given that 37 states have already legalized the use of medical marijuana. But it is true. Cannabis is a Schedule 1 drug at the national level, meaning the federal law handles cannabis as a substance that could be abused or cause addiction. [...]

Retroactive insurance coverage refers to cover for services undertaken before the policy start date. It determines the earliest point in time from which the insurance cover applies. Any losses or incidents that occurred before this point won’t be covered by your policy. Having said that, some policies give you the option to purchase retroactive insurance to get a cover for losses incurred before a specific date. Here’s what we’ll discuss in this article: [...]